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The global uptick in remote working has increased the frequency, range and probability of security incidents.
The majority (80%) of security professionals say they have witnessed increased security threats since the inception of the pandemic. And yet, only 9% of SMBs prioritise cybersecurity.
Below are key statistics that highlight the risks and potential costs to businesses of not prioritising IT security.
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Estimated cost of cyber crime to businesses worldwide
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Average cost of a data breach
Average value of a lost/stolen work laptop
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Estimation global cost of cyber crime by 2025
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Average cost of a malware attack
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327days
Average time taken to identify stolen user credentials.
Average time taken to identify a data breach
Average time needed to contain a data breach
Of all data breaches arise from human error
Of insider threats result from employee/contractor negligence
25%
Of all data breaches result from social engineering attacks (when users are manipulated into making security mistakes)
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Of employees claim to use their personal laptop or phone for work at least some of the time
Of IT leaders say personal device use makes their organisation more vulnerable to a security breach
Of IT leaders worry that outgoing employees retain sensitive data on their personal devices/in cloud storage
Of business leaders store their laptop passwords on insecure documents (e.g. post-it notes) or share them with other people
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Of UK companies experienced one or more successful email phishing attacks in 2021
Average cost of a data breach caused by phishing
Average cost of an email phishing attack
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